# About Open Collective ### What is Open Collective? Created in 2015, Open Collective is a platform that makes it easy to raise, manage, and disburse money with complete transparency.\ \ Since October 2024, Open Collective has been forked into two different initiatives: * The classic platform, started in 2015, is now managed by the non-profit [OFi Consortium.](https://oficonsortium.org/) * A new [web3 platform](https://opencollective.xyz/) coming in 2025, managed by Open Collective Inc., the original company ## **Who operates Open Collective (the "classic" platform)?** *** The "classic" Open Collective platform is operated by OFi Technologies, a US-based LLC company.\ \ OFi Technologies is 100% owned by OFi Consortium., a 501(c)(6) US-based nonprofit.\ \ OFi Consortium is governed by its members, who join based on their direct utilization of transparent financial ledgers with a demonstrated commitment to transparent financial ledgers and a common interest in advancing related technologies.\ \ The current members are: * Open Source Collective, an organization supporting open-source projects * Open Collective Europe, which supports initiatives in Europe * Gift Collective, which supports initiatives in New Zealand ## How are we financed? *** OFi Consortium is financed by members who pay membership fees based on their financial capabilities and the level of influence they desire on the organization.\ \ OFi Technologies is financed by tips given on transactions from financial contributors and fees paid by platform customers.\ \ The total combined budget for the organizations is around $1,000,000 in 2025. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://documentation.opencollective.com/our-organization/about-open-collective.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.